—Janet Tyler Johnson
I Want To Spread The Word
I’d like to spread the word about [Wendell] Corey to my own clients and also to other advisors as a current board member of the Toledo Estate Planning Council. The best way to do that would be with the help of your article. Is it possible to obtain a link to the article that can be used in social media?
I was reading your referenced article in the December 2017 issue of Financial Advisor magazine. Your experience with the “con” was both terrible and educational. I am asking for your permission to copy and share this article with many of my clients. You made an excellent point that we are all constantly learning and being exposed to increasingly sophisticated schemes to defraud every day. There are lessons to be learned from your experience.”
—Mel Wicks
Fanatical Due Diligence Is Required
Our B-D’s CEO will not approve a product for our platform unless he has access to the books and records of the promoter. One product that some advisors were clamoring for was rejected because [the vendor] would not open [its] books. Some advisors were angry, but later when the vendor ran into trouble, they began to appreciate rigorous due diligence.
Due diligence is not a guarantee that you can’t run into trouble, but it sure helps.